Business

Renewable energy will need more investment, or Africa will stay dependent on fossil fuels NEW ANALYSIS | THE INDEPENDENT | Renewable energy technologies such as solar photovoltaics and onshore wind power can help sub-Saharan Africa meet its energy requirements from sources that have lower emissions than fossil fuels. Currently, the sub-continent …

  Kampala, Uganda | THE INDEPENDENT | Practitioners in the banking and financial services industry have been urged to maintain their ethics amid the current slowdown in economic activity, the Executive Director for Supervision at the Bank of Uganda – Dr Twinemanzi Tumubweine – has said. While addressing bankers during …

There is high incidence of root mealy bugs and coffee berry disease especially in Elgon region Kampala, Uganda | THE INDEPENDENT | Uganda’s coffee exports generated a record US$876.4million in revenues for the just concluded 2021/2022 coffee year that ended on September.30. This represents a 39% increase in revenues compared …

Chief Justice has urged judicial officers to continue dispensing justice in accordance with the oath and not be deterred by anything that is contrary to their judicial oath Mengo, Uganda | THE INDEPENDENT | Chief Justice Alphonse Owiny Dolo has asked Grade One Magistrate, Amon Magezi in Mengo to explain what …

Former Uganda telecom Limited officially metamorphoses into UTCL, all staff to be retained Kampala, Uganda | THE INDEPENDENT | On Nov.18, Uganda telecom Limited ceased to exist officially as the old administration handed over the assets and businesses to the newly formed Uganda Telecommunications Corporation Limited (UTCL) in the presence …

Kampala, Uganda | THE INDEPENDENT |  The United Bank of Africa Group Chief Executive Officer Oliver Alawuba has described Uganda as one of the most dynamic and transformative market that the lender continues to support. Speaking to journbalists on Nov.18, Alawuba said, “Many companies are now laser-focused on transformation – …

  Kampala, Uganda | THE INDEPENDENT | CFAO Uganda, an automotive company in Uganda has unveiled two vehicles – Toyota Belta and Toyota Rumion suited for small and medium enterprises looking to go about their daily activities. Unveiled on Nov.19 in Kampala, the new vehicles will be promoted through a …

Kampala, Uganda | THE INDEPENDENT | Uganda’s top business leaders have today issued a statement in full support of Uganda’s Lake Albert Oil and Gas Development project. “We give our unreserved and wholehearted, support for the responsible development of the natural resources Uganda is endowed with, including the associated construction of …

Kampala, Uganda | THE INDEPENDENT | Gertrude Nalule, a mother of five with two other dependents has this Monday been released from prison, close to two months after she was jailed for failure to pay a date of 2.88 million Shillings. Additionally, she has been on the verge of losing …

Tororo, Uganda | THE INDEPENDENT | Using the modern Regional Electronic Cargo Tracking System (RECTS), the Uganda Revenue Authority’s security team on Friday rescued a fuel truck that had been hijacked by robbers. According to a statement from URA, their Mbale enforcement team foiled the robbery of the fuel truck that …